10:20 AM EDT, 09/05/2025 (MT Newswires) -- ServiceTitan ( TTAN ) delivered better-than-expected fiscal Q2 results with strengths across commercial, enterprise, pro products and roofing, Truist Securities said in a note Friday.

Revenue grew 25% year over year to $242.1 million, while non-GAAP EPS was $0.36, more than double the estimate, the firm said.

Truist noted "upside across the model" with faster than expected growth from new and existing customers, especially in ServiceTitan's ( TTAN ) commercial business.

"The company's commercial business overperformed across all customer tiers, especially in the large enterprise market," Truist said.

Management raised fiscal 2026 revenue guidance to a range of $935 million to $940 million, above its previous guidance, the firm noted.

Truist reiterated a buy rating on ServiceTitan ( TTAN ) and lifted its price target to $130 from $120.

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